Susquehanna International Group Portfolio holdings
Susquehanna International Group (SIG), founded in 1987 by Jeff Yass and a group of friends, is a privately held global quantitative trading and technology firm headquartered in Bala Cynwyd, Pennsylvania. Specializing in trading equities, fixed income, commodities, derivatives, and ETFs, SIG has grown into a major market maker, handling around 600 equity options and 45 index options across exchanges like the CBOE, while employing over 3,000 people worldwide. The firm leverages a data-driven, probabilistic approach—rooted in the founders’ poker-playing days—to provide liquidity and competitive pricing in financial markets, with additional ventures in private equity, venture capital (notably an early investment in ByteDance, TikTok’s parent company), and sports betting analytics. Known for its innovative culture and use of game theory, SIG operates offices across North America, Europe, Asia, and Australia, maintaining a low-profile yet influential presence in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$4.05B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$1.61B |
| 3 |
Tesla
TSLA
|
+$636M |
| 4 |
TSMC
TSM
|
+$604M |
| 5 |
iShares Bitcoin Trust
IBIT
|
+$330M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.25B |
| 2 |
Apple
AAPL
|
+$1.13B |
| 3 |
Microsoft
MSFT
|
+$988M |
| 4 |
Meta Platforms (Facebook)
META
|
+$572M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$570M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.55% |
| 2 | Consumer Discretionary | 0.95% |
| 3 | Financials | 0.77% |
| 4 | Healthcare | 0.67% |
| 5 | Industrials | 0.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
4376
Denison Mines
DNN
$2.92B
| $3.42M | ﹤0.01% |
2,634,496
+450,346
| +21% | +$752K |
|
4377
Security National Financial
SNFCA
$242M
| $3.42M | ﹤0.01% |
311,904
+49,850
| +19% | +$566K |
|
4378
iShares Global 100 ETF
IOO
$9.42B
| $3.42M | ﹤0.01% |
+35,525
| New | +$3.59M |
|
4379
FormFactor
FORM
$10.3B
| $3.42M | ﹤0.01% |
120,818
+1,390
| +1% | +$51.1K |
|
4380
PUT
Antero Midstream
AM
$10.7B
| $3.42M | ﹤0.01% |
189,800
+129,500
| +215% | +$2.14M |
|
4381
Gibraltar Industries
ROCK
$1.42B
| $3.42M | ﹤0.01% |
58,237
+40,416
| +227% | +$2.51M |
|
4382
ITT
ITT
$19.6B
| $3.41M | ﹤0.01% |
26,438
+23,945
| +960% | +$3.41M |
|
|
BSCY
4383
Invesco BulletShares 2034 Corporate Bond ETF
BSCY
$559M
| $3.41M | ﹤0.01% |
+166,697
| New | +$3.39M |
|
4384
O-I Glass
OI
$1.04B
| $3.41M | ﹤0.01% |
297,671
+230,017
| +340% | +$2.62M |
|
4385
Textron
TXT
$15.3B
| $3.41M | ﹤0.01% |
47,255
-58,182
| -55% | -$4.35M |
|
4386
Andersons Inc
ANDE
$2.24B
| $3.41M | ﹤0.01% |
79,495
+23,643
| +42% | +$1M |
|
4387
iShares US Infrastructure ETF
IFRA
$4.66B
| $3.41M | ﹤0.01% |
75,705
+35,919
| +90% | +$1.68M |
|
4388
PUT
Arvinas
ARVN
$587M
| $3.41M | ﹤0.01% |
485,900
+463,600
| +2,079% | +$7.26M |
|
4389
Uranium Energy
UEC
$5.55B
| $3.41M | ﹤0.01% |
713,362
+314,508
| +79% | +$1.97M |
|
4390
CALL
Sphere Entertainment
SPHR
$6.03B
| $3.4M | ﹤0.01% |
104,000
-286,100
| -73% | -$11.6M |
|
4391
PUT
Academy Sports + Outdoors
ASO
$2.98B
| $3.4M | ﹤0.01% |
74,500
-160,600
| -68% | -$8.25M |
|
4392
CALL
Elanco Animal Health
ELAN
$11.8B
| $3.4M | ﹤0.01% |
323,600
-62,400
| -16% | -$706K |
|
4393
Fidelity Small-Mid Multifactor ETF
FSMD
$2.64B
| $3.39M | ﹤0.01% |
86,671
+52,785
| +156% | +$2.17M |
|
4394
PUT
Howard Hughes
HHH
$3.98B
| $3.39M | ﹤0.01% |
45,800
+32,100
| +234% | +$2.42M |
|
4395
iShares US Pharmaceuticals ETF
IHE
$1.64B
| $3.39M | ﹤0.01% |
48,083
+43,465
| +941% | +$3.02M |
|
4396
Innovative Industrial Properties
IIPR
$1.62B
| $3.39M | ﹤0.01% |
62,703
+9,006
| +17% | +$624K |
|
|
4397
CALL
Innovative Industrial Properties
IIPR
$1.62B
| $3.39M | ﹤0.01% |
62,700
-15,900
| -20% | -$1.1M |
|
4398
PUT
Urban Outfitters
URBN
$6.66B
| $3.39M | ﹤0.01% |
64,700
-254,000
| -80% | -$13.9M |
|
4399
PUT
Toro Company
TTC
$9.37B
| $3.39M | ﹤0.01% |
46,600
+23,400
| +101% | +$1.85M |
|
4400
PUT
Gulfport Energy Corp
GPOR
$3.01B
| $3.39M | ﹤0.01% |
18,400
+7,300
| +66% | +$1.33M |
|
Similar funds
Susquehanna International Group's Q1 2025 Portfolio in Review
As of Q1 2025, Susquehanna International Group held 13,842 positions worth $586B, down 12% from $663B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Susquehanna International Group withdrew a net $24.4B in Q1 2025, closing 1,483 positions and reducing 4,842 holdings. Its most notable exit was Inari Medical, Inc. Common Stock, an estimated $24M position sold in full.
By sector, the portfolio is most concentrated in Technology at 1.6% of assets, down from 2% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Susquehanna International Group opened a new position in Brookfield Asset Management worth $86M.
- Susquehanna International Group's largest Q1 2025 buy was Brookfield Asset Management: 1,775,684 shares worth $86M.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q1 2025, an estimated $4.05B increase.
- Susquehanna International Group's biggest Q1 2025 reduction was Invesco QQQ Trust, cutting an estimated $1.25B.
- Susquehanna International Group fully exited Inari Medical, Inc. Common Stock in Q1 2025, selling an estimated $24M.
- Susquehanna International Group's ten largest holdings make up 28% of its $586B portfolio in Q1 2025.
- Susquehanna International Group opened 1,775 new positions and closed 1,483 in Q1 2025.
- Susquehanna International Group's portfolio value fell 12% quarter-over-quarter to $586B.
Based on Susquehanna International Group's 13F filing for Q1 2025, filed 14 May 2025.